EURUSD Friday's day on our EURUSD currency pair closed with a bearish candle. The four-hour chart shows that the price flew out of the upper channel border, setting a maximum at 1.1215. After that, the upward trend changed to a downward one and the...
The USD/CAD currency pair is currently experiencing a critical juncture characterized by a delicate balance between bullish and bearish sentiments. This market behavior is largely influenced by broader economic indicators, geopolitical developments,...
Analysis of AUD/USD Performance Current Situation As of yesterday, the AUD/USD pair tested the local support level at 0.66488 before bouncing back, forming an indecision candle with a slight bearish bias. At this moment, I don't find anything...
USD/JPY OUTLOOK ANALYSIS: On the USD/JPY D1 time frame chart, the Japanese yen (JPY) has been outperforming the U.S. dollar (USD), largely due to the weakening of the latter. This recent strength in the yen has pushed the USD/JPY pair lower,...
EUR/USD Currency Pair Analysis Currently, the EUR/USD currency pair is trading near the lower end of the transition zone channel, around 1.1064. This level suggests that the pair is attempting a downward breakout; however, there is no strong...
